Saving for Children

Savings plans for your child or grandchild’s future

Our Child Tax Exempt Savings Plan is ideal if you are looking for tax free savings for your newborn baby; are considering a savings account for your child; or would like to start investing for your grandchild.

Why save for your child?

We all want to give our newborn babies, children and grandchildren the best possible start in life, so it's good to know whether you're saving for tuition fees, a wedding or a deposit on their first home, we have tax efficient ways to help you start saving regularly for your little one's future.

With houses to buy and university to pay for, it is important to start saving as early as possible and Foresters Children’s savings plan is designed for those wishing to do just that. The long-term nature of the plan gives savers the ideal opportunity to build, and potentially grow, a nest egg for their offspring.  What better way to help your child or grandchild in the future when they need it most.

Why save with Foresters?

As a Foresters member, your child or grandchild will qualify for Foresters Extras, a range of benefits offered at no extra cost. These include discretionary grants such as Educational Awards to assist with the costs of higher education or training.

Junior ISA

A simple, tax-efficient way to invest for a child’s future.

• Save regularly or pay in lump-sums
• The money will be invested until the child is 18
• A Stocks & Shares ISA, with potential annual & final bonuses

Your child may get back less than you have paid in. Tax rules might change and depend on individual circumstances. Bonuses are not guaranteed.

Find out more

Child Tax Exempt Savings Plan

A long-term tax-free children’s savings plan with a guaranteed return

• Save £25 per month
• Receive a guaranteed tax free cash sum at the end of your chosen term with the potential for bonuses to increase the plan's value further

Guarantee subject to contributions being maintained for full term. Tax rules may change and depend on individual circumstances.

Find out more

Child Trust Fund - Top Up

Topping up with a few big ones for your little ones

• Top ups from £5 a month, or up to £4,368 a year
• Friends and family can top up too
• Free teddy bear with online top ups of over £500

Topping up is easy, do it over the phone or online by debit card, set up a Direct Debit or make an online bank transfer.

Find out more